Pacific Basin Shipping (OTCMKTS:PCFBF) Shares Up 10.4% – Here’s What Happened

Pacific Basin Shipping Limited (OTCMKTS:PCFBFGet Free Report)’s share price was up 10.4% during mid-day trading on Thursday . The company traded as high as $0.28 and last traded at $0.28. Approximately 1,000 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 13,091 shares. The stock had previously closed at $0.25.

Pacific Basin Shipping Trading Up 10.4 %

The firm’s fifty day simple moving average is $0.26 and its 200 day simple moving average is $0.30.

About Pacific Basin Shipping

(Get Free Report)

Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services worldwide. The company offers its shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap.

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